GST stands for Goods and Services tax and PST stands for Provincial Sales Tax and is typically used for Canadian Provinces. PST is only charged for customers in your home province.
GST/PST calculates two taxes, the GST and PST
Subtotal = Total of all the items in the cart: (unit cost) x (quantity)
S&H = Shipping & Handling
GST = (Subtotal + S&H) x GST rate (BuyNow tax rate setting) – 5% is the current GST rate.
PST = Subtotal x PST rate (found in the tax table for the province)
Total Tax = GST + PST
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